Regional Banks Pause Product Sales Linked to Mark Walter’s Insurance Firm

Truist Financial and Fifth Third Bancorp have temporarily halted distribution of financial products associated with billionaire Mark Walter’s primary insurance company.

1 Sept, 14:01 — 1 Sept, 14:01

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advisor-perspectivesMostly Factual1d ago

Truist, Fifth Third Pause Sales Tied to Walter’s Biggest Insurer

Regional lenders Truist Financial Corp. and Fifth Third Bancorp. have paused distribution of products tied to billionaire financier Mark Walter’s biggest insurance firm, according to people with knowledge of the decisions.

By Yizhu Wang, Sridhar Natarajan

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Regional Banks Pause Product Sales Linked to Mark Walter’s Insurance Firm

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Truist, Fifth Third Pause Sales Tied to Walter’s Biggest Insurer

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